Surrey · fleetwood

2 Bedroom Apartment for Rent in Surrey

$2,350 / month

A two-bedroom apartment on the 4th floor in Surrey, asking $2,350 a month. The listing mentions in-suite laundry, parking included and deck. One thing the listing does not answer: which way does it face?

That is $350 above the middle of the 559 comparable rentals we are tracking in Surrey, where most ask between $1,750 and $2,350.

The details

Rent$2,350
Bedrooms2
Size
Floor4
ExposureNot stated
LaundryIn-suite
ParkingComes with the unit
Property typeApartment
Availablenow
AreaSurrey

Highlights

4th floorCorner unitParking includedIn-suite laundry2 bathroomsDeckAir conditioningPet friendly

Ask before you view

The advertisement doesn’t say, and it matters:

  • Which way does it face?

Roughly where it is

Approximate — listings rarely give an exact address, so treat this as the block, not the door.

Renting in Surrey

Surrey City Centre has the cheapest new high-rise in Metro Vancouver. A new one-bedroom with a gym and parking here costs what an older walk-up costs in Vancouver.

TransitExpo Line to Surrey Central, Gateway and King George, with the Fraser Highway extension under construction. About an hour to downtown.
Green spaceGreen Timbers Urban Forest, Bear Creek Park, Holland Park and the Serpentine flats.

More about renting in Surrey

How this compares

What we’d expect it to ask

$1,804 / month

8 times in ten the answer lands between $1,388 and $2,287. That is the width of what we actually know, measured against listings this model had never seen — not a margin we chose.

Asking $2,350 is $546 above that — further above than the ±11.8% we can put down to our own error. Something about it may justify that; the ad may also simply be ambitious.

Moderate confidence20 two-bedrooms within 1 kmTypically within 12.3%

What moves that number

2.6 km from the nearest SkyTrain (Surrey Central)−$66
This block asks less than the rest of the area−$51

The advertisement does not state a floor area, so size is not priced in.

Each line is the difference this one thing makes, holding everything else where it is. They do not add up to the rent.

Location

24 / 100fair

No SkyTrain station within walking distance, about 66 min to Waterfront.

Walk to SkyTrainNearest station is Surrey Central, 2.6 km away — not a walk0
Transit to downtownAbout 66 min to Waterfront: bus to Surrey Central, then Expo Line straight through4
Town centre1.2 km from the centre of Guildford — the nearest town centre to this address14
More than one lineNo SkyTrain line is within walking distance0
Green space11 min walk to Green Timbers Urban Forest (234 ha)6

Scored from the map pin alone — rapid transit, town centres and parks, in straight lines. It knows nothing about the street, the hill, the building or the neighbours, and buses and the SeaBus are not in it, so places served by those score lower here than they deserve.

Against the ones next to it

$2,350 is $350 above the middle of the 559 two-bedrooms we are tracking in Surrey right now ($2,000). Most of them ask between $1,750 and $2,350.

A straight count of asking prices in the area, with nothing adjusted for — unlike the estimate above, it does not care that this one is bigger or closer to a station.

What the estimate cannot see

Floor, view, condition, noise and everything inside the walls are missing from all but a handful of the advertisements we index, so none of them are priced in above. Two identical floor plans, one renovated and one not, get the same estimate from us. This ad does not give a floor area either, so size is not in it.

This one is unusually forthcoming. It does state:

Floor 4ApartmentLaundry: in-suiteParking: comes with the unitOutdoor spaceAir conditioning

Worth reading — but too rare across the feed for us to put a number on.

The advertisement doesn’t say, and it matters:

  • Which way does it face?

Estimated from the listings on this site, not a market survey, and from asking rents — what a home is advertised at, not what it lets for.

Similar in Surrey

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